Reported about 7 hours ago
US exchange-traded funds focused on Ether experienced unprecedented trading volumes, reaching $1.5 billion, due to severe market fluctuations amid President Trump's ongoing trade tensions. The decline in Ether's value by up to 27% prompted net inflows of $84 million into these ETFs, reflecting increased institutional interest. The turbulent market, influenced by newly imposed tariffs between the US and China, has highlighted Ether's vulnerability to liquidation in leveraged trading, despite its prominent role in decentralized finance.
Source: YAHOO